Friday, July 23, 2010

Does the global oil price hike do justice for the developing countries ?

It doesn't do justice but then, the oil industry was never known for its fair practices. Right from the oil embargo by Arab nations to the western world's continuing dependence on fossil fuels, it's a vicious cycle that sees both the developing and developed world suffer.





Go green, people. Innovate and produce your own alternatives. There's enough intelligence in the world to make use of the sun and bio elements to produce energy. That's the need of the times.Does the global oil price hike do justice for the developing countries ?
I agree. Big oil makes money for big oil. Their philanthropic crumb-dropping will never be enough to do justice.Does the global oil price hike do justice for the developing countries ?
i dont think so.. the big companies get the main money from the sales.. the rich get richer. the poor stay desolate.

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